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Venture capital firm acquires detail company

DALLAS — The specifics of the transaction were not disclosed.

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By PCD Staff
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DALLAS — Iden’s Detailing Inc. has been acquired by Pacific Northwest Capital Group, according to a press release.

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The specifics of the transaction were not disclosed.

Iden’s is a full-service auto reconditioning and cosmetic services business, said the release. It offers detailing, window tinting, dent repair, paint touch-up and other services.

Read also: Nation’s largest carwash chain acquires new sites

“Pacific Northwest Capital Group quickly recognized the opportunity to partner with the existing management team to build on the company's proven and scalable business formula to immediately expand regionally and eventually to a national customer base,” noted Steve Spencer of Pacific Northwest Capital Group, in the release. “We are excited about the complementary fit between these two organizations and truly expect a very successful future as they move forward together.”

Generational Equity advised the acquisition, reported the release.

Click here to read the entire release.

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Reaching new reclaim heights

There is a lot of variety in the carwash industry. Not only are there different types of washes, but the design, equipment, chemistry, staffing and service can greatly vary from one site to the next. However, there’s one non-negotiable constant in every wash: Water.

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